Missouri Articles of Termination For A Nonprofit Corporation are documents filed with the Missouri Secretary of State to formally dissolve an existing nonprofit corporation in the state. They must include the name of the corporation, its formation date, and the date of dissolution. The Articles of Termination must be signed by a majority of the members of the board of directors. Depending on the type of nonprofit corporation, there are two types of Missouri Articles of Termination: Articles of Termination for Nonprofit Corporations Without Members and Articles of Termination for Nonprofit Corporations With Members. Both documents must be filed with the Secretary of State and the appropriate filing fee must be paid.
Missouri Articles of Termination For A Nonprofit Corporation
State:
Missouri
Control #:
MO-SKU-1998
Format:
PDF
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Articles of Termination For A Nonprofit Corporation
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How does my non profit corporation obtain a sales and use tax exemption in Missouri? A completed Form 1746. A copy of the IRS determination letter. Articles of Incorporation. Organization's bylaws. A complete financial history for the past three years, or an estimated yearly budget if newly formed.
A nonprofit Executive Director is the highest position within an organization. This role is responsible for directing the nonprofit to achieve its mission and determining the right talent, resources, and tools to implement programs effectively.
Nonprofit charities are under the jurisdiction of state and national laws, so they must comply with both legal systems. With that in mind, the federal government requires a minimum of three board members to acquire coveted 501c3 tax-exempt status.
Missouri requires any nonprofit organization to have at least three directors. A president, secretary and treasurer have to be on the board for incorporation.
To dissolve a corporation in Missouri, a $25 filing fee is required for the Resolution to Dissolve Affidavit. To file your Request for Termination form, an additional fee of $25 is required, (along with your Certificate of Tax Clearance from the Missouri Department of Revenue.)
Not-for-profit corporations must notify Attorney General's Office about dissolution. A Missouri not-for-profit corporation planning to dissolve must give the Attorney General notice of the dissolution at or before the time it delivers articles of dissolution to the Secretary of State's Office.
The Internal Revenue Service (IRS) requires that all nonprofits registered at the federal level maintain a minimum of three members on the board of directors. At the state level, requirements range from 1 to 5 board members.
Dissolution Clause: The dissolution clause is a statement that explains what said organization will do with its assets in the event that the organization dissolves. This clause is particularly important given that the assets of a nonprofit are not owned by any person or group.
